Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The AT dismissed the appeals, upholding the ED's provisional attachment orders under PMLA. It held that ED's investigation is confined to the quantum of proceeds of crime and related procedural aspects, without re-examining the predicate offence findings of police/CBI. The retrospective application of PMLA was deemed valid, as attachment procedures existed pre-PMLA under CrPC and other statutes. The ED had sufficient reason to believe appellants possessed proceeds of crime, given evidence of financial fraud and misutilisation of loan funds. Properties of equivalent value were rightly attached despite no direct link to proceeds of crime, applying the extended definition under PMLA. Sham transactions to evade attachment were rejected, with claimants directed to seek relief in trial court. Claims of jewellery as stridhan lacked documentary proof and were reserved for trial court determination. The appeals were dismissed for lack of merit, affirming ED's attachment actions.
The AT dismissed the appeals, upholding the ED's provisional attachment orders under PMLA. It held that ED's investigation is confined to the quantum of proceeds of crime and related procedural aspects, without re-examining the predicate offence findings of police/CBI. The retrospective application of PMLA was deemed valid, as attachment procedures existed pre-PMLA under CrPC and other statutes. The ED had sufficient reason to believe appellants possessed proceeds of crime, given evidence of financial fraud and misutilisation of loan funds. Properties of equivalent value were rightly attached despite no direct link to proceeds of crime, applying the extended definition under PMLA. Sham transactions to evade attachment were rejected, with claimants directed to seek relief in trial court. Claims of jewellery as stridhan lacked documentary proof and were reserved for trial court determination. The appeals were dismissed for lack of merit, affirming ED's attachment actions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
